Entries tagged "AIGFP"

AIG: Bonuses or ransom?

Employees of AIG Financial Products, the unit that got the insurer into trouble, still expect bonuses for 2009.

TARP cop snoops into AIG's CDS sales

The TARP's special inspector general is investigating AIG's decision pay 100% face value to unwind its derivative positions.

AIG employee's perspective

One perspective of the AIG bonus dilemma is seen through the resignation letter of Jake DeSantis, an executive vice president of AIG's financial products unit.

CNBC to Geithner: Is the U.S. like Venezuela?

Treasury secretary Tim Geithner hits the media trail to sell the Obama administration's bank bailout plan, and stops off at CNBC, where he is asked some strange questions.

AIG employees flee or go into hiding

There are growing reports that 463 AIG executives along with other employees are being harassed by neighbors to return the $165 million in bonuses awarded.

The bonus tax and the problem of bailout banks

Will the bonus tax essentially re-instate a schism in finance akin to the old Glass-Steagall restrictions?

Could the AIG lynch mob topple capitalism?

With AIG Financial Products either quitting or afraid to go to work, who's watching those dangerous derivatives?

AIG's black box and the problem of systemic risk

Clear the breakfast plates; let's tackle the matter of systemic risk.

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